Margaret Rome's Blog

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They Are About To Become Homeowners

 

It was a cold, icy day in Baltimore with a showing scheduled for the afternoon. Perfect time to do an impromptu open house. Even though the weather was far from ideal, I went ahead and placed my open house sign in my car's back window.

 

Open House HomeRome 410-530-2400

 

 

I met a couple walking their small dog. Introduced myself, found out the pup's name and invited them to stop by the open house while I was setting up. They were a bit shy but said they would love to see it. They already lived in the community just a door or two away.

 

I digress...Open houses don't work. Who wants nosy neighbors? 

 

They took me up on my offer, toured this home and loved everything!

 

Over the next few weeks, I made time to find out more about these neighbors. They love the neighborhood and they've been renting for more than a dozen years!

Yes, renting when they could be owning!

With my next  open house, I called this couple, found out there was some interest and made an impromptu meeting.

Calculator in hand, well actually on my phone, we figured out how much they had paid  in rent.

calculator iPhone

 

That was a real eye opener! They could have paid a big chunk of the mortgage if they were owners.  Naive...yes a bit. They needed help.

A few calls later, a preapproval in hand, an offer made, inspections set up and...

they are about to be new homeowners. 

 

Margaret Rome

 

 

 

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Broker-Owner HomeRome Realty 

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Author of Real Estate the Rome Way

mrome@HomeRome.com

410.530.2400

 

 
Comment balloon 35 commentsMargaret Rome, Baltimore Maryland • February 15 2019 11:32AM

Comments

Margaret Rome, Baltimore Maryland - Life is full of opportunities to make new friends and/or clients and happy endings too! But is it the end or just the beginning of a longtime new friendship and future referrals too?

I have a good feeling about these people who took a chance with you. I guess you could be called "Lady Luck!"

Posted by Patricia Feager, MBA, CRS, GRI,MRP, Selling Homes Changing Lives (DFW FINE PROPERTIES) 3 months ago

A job well done.  Not all neighbors are Nosey.  Until you showed them how much in rent they had paid, I'll bet they had never given it a  thought.

Congrats!!

Posted by Rose Mary Justice, Synergy Realty Pros (Synergy Realty Pros) 3 months ago

Thanks Patricia Feager, MBA, CRS, GRI,MRP  I love your birthday tribute to Beth.

Posted by Margaret Rome, Baltimore Maryland, Sell Your Home With Margaret Rome ( HomeRome Realty 410-530-2400) 3 months ago

Rose Mary Justice Thank you. The amount paid over the years shocking!

Posted by Margaret Rome, Baltimore Maryland, Sell Your Home With Margaret Rome ( HomeRome Realty 410-530-2400) 3 months ago

Good morning Margaret. You are a walking testimonial for "impromptu" open houses! Enjoy your day!

Posted by Wayne Martin, Real Estate Broker - Retired (Wayne M Martin) 3 months ago

That total rent paid number made my stomach queasy.  Glad to know they are on the road to home ownership now.

Posted by Chris Ann Cleland, Associate Broker, Bristow, VA (Long and Foster REALTORS®, Gainesville, VA) 3 months ago

This is an awesome story Margaret Rome, Baltimore Maryland  - AWESOME!  You have really been of great service to this couple. Now they can build their own equity instead of paying the landlords mortagage.  And hey - that's just how you are - awesome!

Posted by Anna Banana Kruchten CRB, CRS 602-380-4886, Arizona's Top Banana! (Phoenix Property Shoppe) 3 months ago

For some reason or another, I have had more than my share of listings that have sold an an Open House.  I love your success story with this couple who can build their own equity instead of rent.

Posted by Myrl Jeffcoat, Greater Sacramento Real Estate Agent (GreatWest Realty) 3 months ago

CONGRATULATIONS Margaret, on having this blog FEATURED in the Old Farts Club group!  

Posted by Myrl Jeffcoat, Greater Sacramento Real Estate Agent (GreatWest Realty) 3 months ago

That's a great story, Margaret.

Congratulations to the almost-homeowners, and to you!!

Jeff

Posted by Jeff Dowler, CRS, The Southern California Relocation Dude (Solutions Real Estate ) 3 months ago

You are the best Margaret! I’m sure they are very excited and happy they took that moment to walk their dog.

Posted by Christine OShea (Christine E O'Shea Real Estate Broker) 3 months ago

Open houses work, especially when we are on purpose.  You were looking for an opportunity to help and you did!!

Posted by Shirley Coomer, Realtor, Keller Williams Realty, Phoenix Az (Keller Williams Realty Sonoran Living) 3 months ago

Love your take on helping this couple find out they could own. Sometimes people need a little push to shift their beliefs and understand they can own a home.

Posted by Nick Vandekar, 610-203-4543, Tredyffrin Easttown Realtor, Philly Main Line (Long & Foster Real Estate Inc 610-225-7400) 3 months ago

Wayne Martin Impromptu works for me. I did an OH Sunday and had four groups in addition to the scheduled appointment.

Posted by Margaret Rome, Baltimore Maryland, Sell Your Home With Margaret Rome ( HomeRome Realty 410-530-2400) 3 months ago

Chris Ann Cleland , That was not the correct number,  but it was significant...a real eye opener

Posted by Margaret Rome, Baltimore Maryland, Sell Your Home With Margaret Rome ( HomeRome Realty 410-530-2400) 3 months ago

Anna Banana Kruchten CRB, CRS 602-380-4886 The buyers keep saying the same thing. They are so very appreciative. 

Posted by Margaret Rome, Baltimore Maryland, Sell Your Home With Margaret Rome ( HomeRome Realty 410-530-2400) 3 months ago

Awesome story. You didn't scare them away - just gently guided them to the best decision they could make. Well done!

Posted by Margaret Goss, Chicago's North Shore & Winnetka Real Estate (Baird & Warner Real Estate) 3 months ago

Margaret Rome, Baltimore Maryland great shared experience. I will have to keep in mind the calculations of rent paid over the years. 

Posted by Frank Rubi, FrankRubiRealEstate.com (Frank Rubi Real Estate, LLC) 3 months ago

Love this story!!!  those clients were lucky to find you--and your extra kindness paid off! 

Posted by Mary Hutchison, SRES, ABR, Experienced Agent in Kansas City Metro area (Better Homes and Gardens Real Estate-Kansas City Homes) 3 months ago

Myrl Jeffcoat Nothing works all the time. For me, this is an efficient use of my time. Thanks so much for the feature!

 

Posted by Margaret Rome, Baltimore Maryland, Sell Your Home With Margaret Rome ( HomeRome Realty 410-530-2400) 3 months ago

Jeff Dowler, CRS Thanks. This is a very rewarding transaction.

Posted by Margaret Rome, Baltimore Maryland, Sell Your Home With Margaret Rome ( HomeRome Realty 410-530-2400) 3 months ago

Christine OShea Good timing for sure.

Posted by Margaret Rome, Baltimore Maryland, Sell Your Home With Margaret Rome ( HomeRome Realty 410-530-2400) 3 months ago

Shirley Coomer Thanks for stopping by.

Posted by Margaret Rome, Baltimore Maryland, Sell Your Home With Margaret Rome ( HomeRome Realty 410-530-2400) 3 months ago

Nick Vandekar, 610-203-4543 Very rewarding to help someone make their dreams come true.

Posted by Margaret Rome, Baltimore Maryland, Sell Your Home With Margaret Rome ( HomeRome Realty 410-530-2400) 3 months ago

Thanks Margaret Goss 

Posted by Margaret Rome, Baltimore Maryland, Sell Your Home With Margaret Rome ( HomeRome Realty 410-530-2400) 3 months ago

Frank Rubi Our calculators don't lie. We need to know when and how to use them. Thanks for stopping by.

Posted by Margaret Rome, Baltimore Maryland, Sell Your Home With Margaret Rome ( HomeRome Realty 410-530-2400) 3 months ago

Mary Hutchison, SRES, ABR And they are so appreciative!

Posted by Margaret Rome, Baltimore Maryland, Sell Your Home With Margaret Rome ( HomeRome Realty 410-530-2400) 3 months ago

If this approach was taken with all we do and wherever we go much good would become of it...Think: a giant welcoming helping hand....Everyone wins!

Posted by Richie Alan Naggar, agent & author (people first...then business Ran Right Realty ) 3 months ago

Richie Alan Naggar And you win with a nice comment!

Posted by Margaret Rome, Baltimore Maryland, Sell Your Home With Margaret Rome ( HomeRome Realty 410-530-2400) 3 months ago

Big Congrats on doing something out of the box and following up.  Great work here Margaret!!

Posted by John Henry, Residential Architect, Luxury Custom Home Design (John Henry Masterworks Design International, Inc.) 3 months ago

John Henry Thank you. BTW, I burned my box.

Posted by Margaret Rome, Baltimore Maryland, Sell Your Home With Margaret Rome ( HomeRome Realty 410-530-2400) 3 months ago

Congratulations on the well deserved Feature Margaret Rome, Baltimore Maryland and thank you for another lovely entry to our contest!

Posted by Lisa Von Domek, ....Experience Isn't Expensive.... It's Priceless! (Lisa Von Domek Team) 3 months ago

Thank you Lisa Von Domek for your inspiration and hosting the contest.

Posted by Margaret Rome, Baltimore Maryland, Sell Your Home With Margaret Rome ( HomeRome Realty 410-530-2400) 3 months ago

Sometimes, the easiest/best transactions are when you let the buyers take the lead and just support their efforts, providing insights about a workable path forward.

Posted by Dave Rosenmarkle, 32 years of providing fully satisfying service! (Highland Realty) about 2 months ago

Dave Rosenmarkle Find out what the buyer needs and make it happen. Thanks for the follow.

Posted by Margaret Rome, Baltimore Maryland, Sell Your Home With Margaret Rome ( HomeRome Realty 410-530-2400) about 2 months ago

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